Govt To Re-table Toll Plan At Legco: Sources

"); jQuery("#212 h3").html("

"); });
2019-02-28 HKT 11:39
Sources said on Thursday that the government will soon put a non-binding motion on a plan to adjust tolls at the three cross-harbour tunnels before the Legislative Council, having recently shelved the proposal because of opposition from lawmakers across the political spectrum.
The government had wanted to raise tolls for private cars at the Cross Harbour Tunnel and the Eastern Harbour Crossing to go up to HK$40, while lowering the fee at the Western Harbour Crossing to HK$50, in a bid to even out traffic between the tunnels and cut congestion.
Currently, cars are charged HK$20 at the Cross Harbour Tunnel, HK$25 at the Eastern Harbor Crossing, and HK$70 at the Western Harbor Crossing.
But lawmakers were unhappy at the proposed toll levels, which forced the government to shelve a Legco motion at the last minute about a month ago.
Back then, Transport Secretary Frank Chan said officials would continue to lobby lawmakers to shore up support.
However, it’s understood that the latest proposal will maintain the original suggested toll adjustments.
But sources say the government will try to improve the offer, by undertaking to use the extra income from the raised fees to improve road safety, and to conduct a comprehensive review on how to better manage traffic between the three tunnels after the franchise of the Western Harbour Crossing expires in 2023.
Sources also quoted Chan as saying the government is not "one-hundred percent" sure the motion will pass, but that he felt the government should nonetheless table it as soon as possible.
Chan is expected to make a formal announcement on Friday.
Lawmakers gave the news a lukewarm response.
The Democratic Party’s Lam Cheuk-ting said the proposed increases for the Cross Harbour Tunnel and the Eastern Harbour Crossing are too high, and if nothing changes, the party will oppose it.
Council Front legislator Au Nok-hin said the additional measures won’t win him over either, saying it’s the government’s obligation to improve road safety anyway.
The pro-government DAB party also said it finds it difficult to support the new proposal if the suggested fees stay the same.
______________________________
Last updated: 2019-02-28 HKT 15:01
2025 Hong Kong Fintech Report: What You Need To Know
Hong Kong is hitting the gas when it comes to fintech innovation, regulation and adoption. From the passage of the Stab... Read more
DigiFT Secures SFC Licenses To Offer Tokenised Asset Services In Hong Kong
DigiFT, a Singapore-based digital asset platform focused on institutional-grade tokenised real-world assets (RWAs), has... Read more
JCB Contactless Cards Now Accepted On Shanghai And Beijing Subways
Japan’s JCB has announced that JCB cardholders can now use their contactless cards to access the subway systems in Sh... Read more
Hong Kong Sets Out Next Phase Of Digital Asset Policy
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has issued an updated policy statement setting out the ... Read more
Hong Kong Overtakes Singapore In Wealthtech Adoption
Across Asia-Pacific (APAC)’s key wealth management hubs, Hong Kong is emerging as the frontrunner in wealthtech, over... Read more
Chinas AI Capex To Hit 700 Billion Yuan In 2025 Amid US Tech Rivalry
Capital expenditure on AI in China is expected to reach between 600 billion yuan and 700 billion yuan (US$84 billion to... Read more